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House Prices in PE9 House Prices in PE9 (Stamford)

The average house price in PE9 (Stamford) is £388,357 using HM Land Registry data.

The average property price increased by £84,306 (24.84%) over the last 5 years and increased by £16,853 (3.78%) over the last 12 months.

Over the last year, there were 340 residential property sales – a decrease of 195 transactions (-57.35%) relative to the previous year. The majority of house sales (120) were in the £210,000 - £324,000 range. Then came properties in the £324,000 - £438,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,874 (-2%).

In June 2024, there were 93 new estate agency instructions, 63 agreed home sales and 56 property price reductions.

Nearby Postcodes: CB23, CB24, CB6, LE14, LE15, LE16, LE7, LN10, LN11, LN13, LN4, LN9, MK44, NG31, NG32, NG33, NG34, NN14, NN17, NN18, NN9, PE1, PE10, PE11, PE12, PE13, PE15, PE16, PE19, PE2, PE20, PE21, PE22, PE23, PE24, PE25, PE26, PE27, PE28, PE29, PE3, PE4, PE5, PE6, PE7, PE8

5-Year Average Property Prices in PE9 (Stamford)

24.84%

Property prices in Stamford increased by 24.84% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE9 (Stamford) Over the Last Year

3.78%

Property prices in Stamford increased by 3.78% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PE9 (Stamford) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE9 (Stamford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE9 (Stamford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE9 (Stamford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE9 (Stamford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE9 postcode area since 1995.

Recent Sales in PE9 (Stamford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Charlock Drive, Stamford, Lincolnshire, PE9 2WP£335,000£330,000-£5,00011 Oct 202321 May 2024223 Days
12 Foxglove Road, Stamford, Lincolnshire, PE9 4BW£335,000£330,000-£5,00023 Sep 202313 May 2024233 Days
46 Caithness Road, Stamford, Lincolnshire, PE9 2TF£325,000£317,500-£7,50011 Dec 202310 May 2024151 Days
8 Nairn Road, Stamford, Lincolnshire, PE9 2YR£285,000£276,000-£9,00030 Apr 202403 May 20243 Days
6 Forest Gardens, Stamford, Lincolnshire, PE9 2FL£795,000£772,500-£22,50008 Sep 202326 Apr 2024231 Days
23 Torkington Gardens, Stamford, Lincolnshire, PE9 2EW£145,000£137,500-£7,50029 Jun 202323 Apr 2024299 Days
50 East Street, Stamford, Lincolnshire, PE9 1QD£220,000£210,000-£10,00027 Sep 202319 Apr 2024205 Days
25 Westonville, Collyweston, Stamford, North Northamptonshire, PE9 3PT£220,000£210,000-£10,00015 Dec 202319 Apr 2024126 Days
45 Drift Road, Stamford, Lincolnshire, PE9 1XA£259,000£250,000-£9,00026 Dec 202309 Apr 2024105 Days
28 Redcot Gardens, Stamford, Lincolnshire, PE9 1DL£265,000£260,000-£5,00026 Dec 202325 Mar 202490 Days
25 Tennyson Way, Stamford, Lincolnshire, PE9 2GZ£275,000£270,000-£5,00004 Nov 202321 Mar 2024138 Days
3 Gwash Close, Ryhall, Stamford, Rutland, PE9 4NZ£575,000£532,000-£43,00008 Sep 202320 Mar 2024194 Days
23 Primrose Way, Stamford, Lincolnshire, PE9 4BU£365,000£355,000-£10,00022 Jan 202420 Mar 202458 Days
48 Edward Road, Stamford, Lincolnshire, PE9 1HW£210,000£204,000-£6,00019 Jun 202312 Mar 2024267 Days
6 Kingsley Close, Barnack, Stamford, City Of Peterborough, PE9 3EF£579,995£575,000-£4,99520 Nov 202301 Mar 2024102 Days
2 Sand Furrows, Ketton, Stamford, Rutland, PE9 3SS£425,000£413,000-£12,00028 Oct 202329 Feb 2024124 Days
1 Recreation Ground Road, Stamford, Lincolnshire, PE9 1EN£430,000£430,000£0015 Sep 202329 Feb 2024167 Days
2 Princes Road, Stamford, Lincolnshire, PE9 1QT£750,000£724,000-£26,00001 Dec 202322 Feb 202483 Days
46 Warrenne Keep, Stamford, Lincolnshire, PE9 2NX£350,000£325,000-£25,00028 Jul 202331 Jan 2024187 Days
14 Rockingham Road, Stamford, Lincolnshire, PE9 2UT£285,000£275,000-£10,00012 Sep 202326 Jan 2024136 Days

Most Expensive Streets in PE9 (Stamford)

PostcodeStreetAreaAverageNo. of Sales
PE9 2GBSt Michaels FieldsStamford£2,045,0005
PE9 2LAHigh Street, St MartinsStamford£1,153,3333
PE9 2SDTinwell RoadStamford£1,127,1086
PE9 3JLFirst Drift, WothorpeStamford£1,120,00014
PE9 3UDMain Street, TinwellStamford£1,109,0005
PE9 3BHMain Street, UffordStamford£1,093,7504
PE9 2PFSt Peters StreetStamford£1,075,0003
PE9 2PQSt Peters StreetStamford£1,045,0003
PE9 3TDAldgate, KettonStamford£1,038,5005
PE9 3UWMill Lane, TinwellStamford£1,038,3333

Least Expensive Streets in PE9 (Stamford)

PostcodeStreetAreaAverageNo. of Sales
PE9 1JPKeble CourtStamford£89,4166
PE9 1DWNewcomb Court, ScotgateStamford£100,29124
PE9 1LWSargents CourtStamford£110,8758
PE9 1UHBlackstones CourtStamford£115,37917
PE9 1DERedcot Mews, Redcot GardensStamford£145,8333
PE9 1EANorthumberland AvenueStamford£154,1666
PE9 3QNTixover Grange, TixoverStamford£156,3005
PE9 1EBNorthumberland AvenueStamford£158,3925
PE9 2EWTorkington GardensStamford£161,86615
PE9 3RZSharpes Plain, KettonStamford£166,7504

Explore PE9 (Stamford) using map

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